Breakout Review

Breakout Prop Firm is a crypto-native proprietary trading firm that prides itself on transparency and a strong trading environment on centralized exchanges.

With a firm commitment to an uncompromising execution model and a sleek, user-friendly interface, Breakout Prop Firm equips traders with essential tools and a supportive environment.

Whether you’re trading Bitcoin or a variety of altcoins, Breakout Prop Firm offers tight spreads, advanced trading tools, and robust liquidity.

Ready to trade with Breakout Prop Firm? Create an account today and participate in one of their trading challenges to test your skills!

Voucher Code for Breakout Prop Firm

At present, there are no promotional or coupon codes available for Breakout Prop Firm.

Breakout Prop Firm: Overview

Company Identification

Breakout Trading Group, LLC, trading under the name Breakout Prop Firm.

Company Address

The website does not disclose the address details for Breakout Prop Firm.

Foundation Date

The firm was established in November 2023.

Registration Country

Breakout Prop Firm is registered in the UAE.

Owner

Alex Miningham owns Breakout Prop Firm.

Trading Platforms

Breakout Prop Firm features the Breakout Terminal, a custom-built web and mobile application. The platform offers advanced order types, one-click trading, and integrated risk management features, providing a comprehensive and intuitive trading experience. It supports over 100 crypto assets, allowing traders to execute their strategies effectively and efficiently.

Available Instruments at Breakout

At Breakout Prop Firm, traders can choose from over 100 crypto assets, providing a wide range of trading opportunities. The centralized exchange setup ensures excellent liquidity, tight spreads, and clear order book depth, enabling efficient and effective trading.

Breakout Prop Firm Payment Details

Information regarding payment methods at Breakout Prop Firm is not specified on their website.

Account Size Options

Breakout Prop Firm provides a variety of account sizes to accommodate different trading needs and capital levels. The available account sizes are:

• $5,000
• $10,000
• $25,000
• $50,000
• $100,000

Profit Splits in Breakout Prop Firm

Traders at Breakout Prop Firm can retain up to 90% of their gains, which is highly competitive within the industry. This generous profit retention rate is designed to incentivize and reward successful traders.

Profit Targets at Breakout Prop Firm

Breakout Prop Firm sets specific profit targets for each challenge phase:

Step 1 Goal:

• $5,000 account: $500
• $10,000 account: $1,000
• $25,000 account: $2,500
• $50,000 account: $5,000
• $100,000 account: $10,000

Daily Loss and Drawdown Limits

Breakout Prop Firm has implemented strict risk management rules to ensure trader discipline and account protection. The maximum daily loss and drawdown limits are:

Maximum Daily Loss:

• $5,000 account: $200
• $10,000 account: $400
• $25,000 account: $1,000
• $50,000 account: $2,000
• $100,000 account: $4,000

Maximum Drawdown:

• $5,000 account: $300
• $10,000 account: $600
• $25,000 account: $1,500
• $50,000 account: $3,000
• $100,000 account: $6,000

Trading Period Requirements

Breakout Prop Firm does not enforce any time limits on the evaluation process, allowing traders to meet the criteria at their own pace, fostering a stress-free and flexible trading environment.

Evaluation Process at Breakout Prop Firm

The evaluation process at Breakout Prop Firm is structured to assess and reward trader performance through the following steps:

1. Pass the Breakout Evaluation: Traders can opt for either a one-phase or two-phase evaluation process, with no time constraints.
2. Trade Your Funded Account: Upon successful evaluation, traders can trade a live account and keep up to 90% of the profits.

Cost of Participation in Breakout Prop Firm Challenge

The cost to participate in the Breakout Prop Firm Challenge varies based on the selected account size. Here are the fees:

• $5,000 account: $55
• $10,000 account: $110
• $25,000 account: $275
• $50,000 account: $495
• $100,000 account: $800

These fees cover the evaluation and setup of trading accounts, providing traders with the necessary resources and support.

Trading Fees at Breakout Prop Firm

Breakout Prop Firm charges competitive fees for crypto trading. The fee structure is:

• $3.50 per side per $10,000 traded

This clear fee structure allows traders to easily calculate their costs and plan their strategies accordingly.

Refund Policy at Breakout Prop Firm

Breakout Prop Firm has a no-refund policy. This is clearly communicated to ensure transparency and manage trader expectations.

Trial Offers at Breakout Prop Firm

Currently, Breakout Prop Firm does not offer any free trials. This information is not mentioned on their website.

Payout Schedule at Breakout Prop Firm

Breakout Prop Firm ensures timely payouts with a structured schedule. The payout schedule is:

• First payout: After 14 days
• Second payout: Within 10 days of the new trading period
• Subsequent payouts: Weekly, processed within 24 hours

This reliable payout structure supports traders’ financial planning and rewards their trading activities efficiently.

Pros and Cons

Useful information

Breakout Evaluation

• Two Trading Stages: Evaluation and live trading.
• Demo Account Goal: Based on demo account equity, including unrealized gains/losses.
• Progression: Login credentials for a new demo account after passing a stage, with the balance reset.
• Maximum Drawdown:
• One-step account: Fixed, does not trail.
• Two-step account: Trailing, based on the highest account balance.
• Maximum Daily Loss: Calculated based on demo account equity and reset daily at 1700 EST.
• Leverage: Up to 5:1 for BTC and ETH, 2:1 for altcoins.
• Cost of Trading: $3.50/side per $10,000, with fees, slippage, and swaps applying.
• Inactivity Rule: Accounts disabled after 30 days of inactivity.
• Refund Policy: No refunds offered.
• Live Environment: Trading during the Breakout Evaluation takes place in a demo environment with added latency to prevent prohibited trading practices.

Additional Information

• Modern Trading Terminals: Custom web and mobile apps for fast and seamless trade execution.
• Transparency: Data on evaluation success rates, breaches, and payouts are openly shared.
• Trader Bonus: Monetary bonuses provided to traders upon meeting certain conditions.
• Prohibited Uses: Includes violating any laws, scraping, hacking, unauthorized trading strategies, and account sharing.
• No Advice/Education: The Company does not provide investment advice or trader education.
• Account Opening: Personal information required; one active account per assessment without prior approval.
• Terms and Conditions: This Agreement is legally binding and subject to change at the Company’s discretion.
• Trademarks: Use of the Company’s trademarks without permission is prohibited.
• Disclosure Statement: Trading and investing involve high risk, and past performance is not indicative of future results.
• Term and Termination: The Company reserves the right to terminate services at its discretion.
• Disclaimer of Warranties and Limitation of Liability: Services are provided “as-is” with limited liability.
• Indemnification: Traders must indemnify the Company against claims arising from their use of the services.
• Arbitration: Any disputes will be settled by arbitration in Miami, Florida.